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$415 MILLION: Powerball jackpot surges on rollover

PowerballPowerball: $415 MILLION: Powerball jackpot surges on rollover
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7th-largest cash value in history

By Todd Northrop

Ready to start dreaming about dollar signs again?

Just four months after people from every country went into frenzy trying to find creative ways to buy tickets for the biggest jackpot the world had ever seen, Powerball is back with another top-10 jackpot that can deliver multi-generational wealth.

After nobody won Wednesday's advertised $348 million grand prize, the Powerball jackpot increased to a whopping $415 million for Saturday's drawing — the 9th-largest US lottery jackpot of all time.

But since most winners choose the lump-sum cash option, the $269.7 million cash value of Saturday's Powerball jackpot is what might get people buying a few extra tickets.  It's the 7th-largest cash value of any jackpot in US lottery history.

The complete top-25 list of United States lottery jackpot annuity and cash values can be found at the end of this article.  For the first time, a jackpot must be greater than $400 million to make it into the top-10, as number 10 on the list is $414 million.

Players looking to calculate what they would receive after the initial federal and state tax withholdings can find it all pre-calculated for each Powerball jurisdiction on the Jackpot Analysis page at USA Mega, a web site devoted to the Powerball and Mega Millions multi-state lottery games.

Saturday's mega boatload of cash is the result of 18 consecutive draws without a winner.  The run-up started as a $40 million prize on March 5.

Players should note that jackpot amounts are conservative estimates provided by the lotteries, and are often somewhat higher by the time the drawing occurs. For example, the original estimate for Wednesday's drawing was $348 million, but by the time all the proceeds were counted just before draw-time, the jackpot had swelled to $361.5 million.  The cash value increased from $226.1 million to $234.9 million.

The winning numbers for Wednesday, May 4, 2016 were 30, 47, 57, 66, and 69, with Powerball number 3.  The Power Play number was 3.

Although nobody won the jackpot Wednesday night, 2 lucky players matched the first 5 numbers for a $1,000,000 prize: 1 from Florida and 1 from New York.  Neither player purchased their winning ticket with the Power Play option.  If they had, their prize would have been automatically doubled to $2,000,000.

40 tickets matched four white numbers plus the Powerball and won $50,000.  Of those tickets, 8 were purchased with the Power Play option, increasing the prize to $150,000, and 4 were purchased in California where the prize was $34,285 this drawing.  California prize amounts differ from the rest of the country because the state awards all prizes on a pari-mutuel basis, meaning the prizes will change each drawing based on the number of tickets sold and the number of tickets that won at each prize level.

Power Play is not available in California, because the fixed nature of the prize increase offered in Power Play is not compatible with California's pari-mutuel payouts.

Following the Wednesday drawing, the Powerball annuity jackpot estimate was raised $53.5 million from its previous amount of $361.5 million. The cash value was raised by $34.8 million from its previous amount of $234.9 million.

The next Powerball drawing will take place Saturday day night at 10:59 pm Eastern Time.

When a Powerball ticket is purchased with the Power Play option for an extra $1 per ticket, the second prize amount doubles to $2,000,000, and all other non-jackpot prizes are multiplied by the Power Play number randomly drawn that evening.

A complete list of prizes available for matching various numbers can be found on the Powerball Drawing Detail page at USA Mega, as well as on the Powerball Prize Payouts page at Lottery Post.

Powerball is now played in 44 states, plus the District of Columbia, Puerto Rico, and the U.S. Virgin Islands.  Drawings are Wednesdays and Saturdays at 10:59 p.m. Eastern Time.  Tickets cost $2 each.

Powerball lottery results are published within minutes of the drawing at USA Mega (www.usamega.com).  The USA Mega Web site provides lottery players in-depth information about the United States's two biggest multi-state lottery games, Mega Millions and Powerball.

Top 25 United States lottery jackpots of all time

Saturday's Powerball jackpot currently stands as the 9th-largest lottery jackpot of all time.  The amount of the jackpot may rise even further by the time the drawing takes place, as lotteries are typically conservative in their initial estimates.

  1. Powerball: $1.5864 billion, Jan. 13, 2016 - California, Florida, Tennessee
  2. Mega Millions: $656 million, Mar. 30, 2012 - Illinois, Kansas, Maryland
  3. Mega Millions: $636 million, Dec. 17, 2013 - California, Georgia
  4. Powerball: $590.5 million, May 18, 2013 - Florida
  5. Powerball: $587.5 million, Nov. 28, 2012 - Arizona, Missouri
  6. Powerball: $564.1 million, Feb. 7, 2015 - North Carolina, Puerto Rico, Texas
  7. Powerball: $448.4 million, Aug. 7, 2013 - Minnesota, New Jersey (2)
  8. Powerball: $425.3 million, Feb. 19, 2014 - California
  9. Powerball: $415 million, May 7, 2016 - Preliminary estimate, no winner yet
  10. Mega Millions: $414 million, Mar. 18, 2014 - Florida, Maryland
  11. Powerball: $399.4 million, Sep. 18, 2013 - South Carolina
  12. Mega Millions: $390 million, Mar. 6, 2007 - Georgia, New Jersey
  13. Mega Millions: $380 million, Jan. 4, 2011 - Idaho, Washington
  14. Powerball: $365 million, Feb. 18, 2006 - Nebraska
  15. The Big Game: $363 million, May 9, 2000 - Illinois, Michigan
  16. Powerball: $340 million, Oct. 19, 2005 - Oregon
  17. Powerball: $338.3 million, Mar. 23, 2013 - New Jersey
  18. Powerball: $337 million, Aug. 15, 2012 - Michigan
  19. Powerball: $336.4 million, Feb. 11, 2012 - Rhode Island
  20. Mega Millions: $336 million, Aug. 28, 2009 - California, New York
  21. The Big Game: $331 million, Apr. 16, 2002 - Georgia, Illinois, New Jersey
  22. Mega Millions: $330 million, Aug. 31, 2007 - Maryland, New Jersey, Texas, Virginia
  23. Mega Millions: $321 million, Nov. 4, 2014 - New York
  24. Mega Millions: $319 million, Mar. 25, 2011 - New York
  25. Mega Millions: $315 million, Nov. 15, 2005 - California

For those keeping score, the number of jackpots in the top 25, by lottery game, are:

  • Powerball: 13
  • Mega Millions: 10
  • The Big Game: 2

The Big Game is the original name of Mega Millions, from the game's first drawing on Sep. 6, 1996 through May 14, 2002.  The name was changed to Mega Millions starting with the May 17, 2002 drawing.

Top 25 cash value jackpots

Since many lottery winners collect their winnings in cash, the lump-sum payout is an important measure of what a winning ticket could be worth.

The new Powerball jackpot ranks as the 7th-largest lump-sum cash value jackpot in history.

  1. Powerball: $983.5 million cash, Jan. 13, 2016 ($1.5864 billion annuity) - California, Florida, Tennessee
  2. Mega Millions: $471 million cash, Mar. 30, 2012 ($656 million annuity) - Illinois, Kansas, Maryland
  3. Powerball: $384.7 million cash, Nov. 28, 2012 ($587.5 million annuity) - Arizona, Missouri
  4. Powerball: $381.1 million cash, Feb. 7, 2015 ($564.1 million annuity) - North Carolina, Puerto Rico, Texas
  5. Powerball: $370.9 million cash, May 18, 2013 ($590.5 million annuity) - Florida
  6. Mega Millions: $347.6 million cash, Dec. 17, 2013 ($636 million annuity) - California, Georgia
  7. Powerball: $269.7 million cash, May 7, 2016 ($415 million annuity) - Preliminary estimate, no winner yet
  8. Powerball: $258.2 million cash, Aug. 7, 2013 ($448.4 million annuity) - Minnesota, New Jersey (2)
  9. Mega Millions: $240 million cash, Jan. 4, 2011 ($380 million annuity) - Idaho, Washington
  10. Mega Millions: $233.1 million cash, Mar. 6, 2007 ($390 million annuity) - Georgia, New Jersey
  11. Mega Millions: $230.9 million cash, Mar. 18, 2014 ($414 million annuity) - Florida, Maryland
  12. Powerball: $227.8 million cash, Feb. 19, 2014 ($425.3 million annuity) - California
  13. Powerball: $224.7 million cash, Aug. 15, 2012 ($337 million annuity) - Michigan
  14. Powerball: $223.3 million cash, Sep. 18, 2013 ($399.4 million annuity) - South Carolina
  15. Mega Millions: $214 million cash, Aug. 28, 2009 ($336 million annuity) - California, New York
  16. Powerball: $211 million cash, Mar. 23, 2013 ($338.3 million annuity) - New Jersey
  17. Powerball: $210 million cash, Feb. 11, 2012 ($336.4 million annuity) - Rhode Island
  18. Mega Millions: $202.9 million cash, Mar. 25, 2011 ($319 million annuity) - New York
  19. Mega Millions: $197.5 million cash, Nov. 4, 2014 ($321 million annuity) - New York
  20. Powerball: $197.4 million cash, Sep. 30, 2015 ($310.5 million annuity) - Michigan
  21. Mega Millions: $194.4 million cash, Aug. 31, 2007 ($330 million annuity) - Maryland, New Jersey, Texas, Virginia
  22. Powerball: $191.9 million cash, Mar. 2, 2016 ($291.4 million annuity) - Florida
  23. Mega Millions: $185 million cash, Nov. 15, 2005 ($315 million annuity) - California
  24. The Big Game: $180 million cash, May 9, 2000 ($363 million annuity) - Illinois, Michigan
  25. Mega Millions: $177.3 million cash, Jan. 16, 2015 ($270 million annuity) - Illinois

The number of jackpot cash values in the top 25, by lottery game, are:

  • Powerball: 13
  • Mega Millions: 11
  • The Big Game: 1

Lottery Post Staff

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68 comments. Last comment 7 months ago by MaximumMillions.
Page 1 of 5
Avatar

United States
Member #173496
March 5, 2016
92 Posts
Offline
Posted: May 5, 2016, 8:29 am - IP Logged

That was a big jump....

 

The frenzy begins.....i hope a regular, dedicated lottery player wins for once. All the "I never play the lottery but thought what the heck....i will buy one today" AND win stories are a little too common

 

Good luck all

    hearsetrax's avatar - 0118

    United States
    Member #52345
    May 21, 2007
    2659 Posts
    Offline
    Posted: May 5, 2016, 9:29 am - IP Logged

           

    Thinking of...

      dpoly1's avatar - driver
      PA
      United States
      Member #66141
      October 16, 2008
      1672 Posts
      Offline
      Posted: May 5, 2016, 9:31 am - IP Logged

      Cool

      I'm ready to play!

      dpoly1 - Playing the lottery to save the jobs of those that build, transport, sell & maintain luxury items! -

       

      Eschew Poverty ........... Vote Conservative!

        Avatar
        florida
        United States
        Member #28393
        December 15, 2005
        1414 Posts
        Offline
        Posted: May 5, 2016, 9:39 am - IP Logged

        WE PREDICTED POWERBALL...But Real Altruism is even better. Yes I have done so repeatedly, and did so last night for 315 Million as we gave out the list to friends, and lotterypost STAR LOTTERY forum. Again for this weekend at 400 Million plus, Our goal is to advance winners and advantages for players in order to truly HELP PLAYERS, and share the winnings. Why? Because winning a huge jackpot for one person or family is really absurd waste of money, as much lottery play is. How good is it for one payoff when a much greater value can be shared. Get Real. We are. 

        The claims of MULTI-MILLION LOTTERIES are quite distinctly a gambling hall theft by Government, which claims to build education, while it really is a ploy to build more government and control. No one is allowed to run a lottery except the states themselves. How curious is it that the claim to altruism is not real, yet so appealing. Millions will play the 400 Million more this week, and everyone of the 200 Million players loses except the few winners.  The sign of real intelligence is to have a real reason and direction purpose for winning, not just to be rich. So here we are, ALP altruism lottery project, and using the unique Solar-IS method, serving up the winner choices, right before your eyes. We share the key choices every day.

          rcbbuckeye's avatar - Lottery-043.jpg
          Texas
          United States
          Member #55889
          October 23, 2007
          5600 Posts
          Offline
          Posted: May 5, 2016, 9:49 am - IP Logged

          WE PREDICTED POWERBALL...But Real Altruism is even better. Yes I have done so repeatedly, and did so last night for 315 Million as we gave out the list to friends, and lotterypost STAR LOTTERY forum. Again for this weekend at 400 Million plus, Our goal is to advance winners and advantages for players in order to truly HELP PLAYERS, and share the winnings. Why? Because winning a huge jackpot for one person or family is really absurd waste of money, as much lottery play is. How good is it for one payoff when a much greater value can be shared. Get Real. We are. 

          The claims of MULTI-MILLION LOTTERIES are quite distinctly a gambling hall theft by Government, which claims to build education, while it really is a ploy to build more government and control. No one is allowed to run a lottery except the states themselves. How curious is it that the claim to altruism is not real, yet so appealing. Millions will play the 400 Million more this week, and everyone of the 200 Million players loses except the few winners.  The sign of real intelligence is to have a real reason and direction purpose for winning, not just to be rich. So here we are, ALP altruism lottery project, and using the unique Solar-IS method, serving up the winner choices, right before your eyes. We share the key choices every day.

          Alrighty then.

          CAN'T WIN IF YOU'RE NOT IN

          A DOLLAR AND A DREAM (OR $2)

            gocart1's avatar - lighthouse
            ONEONTA,NEW YORK
            United States
            Member #30516
            January 17, 2006
            419 Posts
            Offline
            Posted: May 5, 2016, 9:52 am - IP Logged

            BUCKEL -UP..... Here we go..PartyUS FlagParty

              music*'s avatar - nw bookeep.jpg
              Happy California
              United States
              Member #157856
              August 2, 2014
              1515 Posts
              Offline
              Posted: May 5, 2016, 10:34 am - IP Logged

               Thank You Todd, for taking your time in posting this opening page. You need to prepare for another record-breaking jackpot. It could be an all nighter. We are getting closer to it.

               See you all in the winner's circle!Lurking

               I've been rich and I've been poor. Believe me, rich is better. 

               Attributed to Joe E. Lewis and others

                Avatar
                Portland, OR
                United States
                Member #145973
                August 20, 2013
                226 Posts
                Offline
                Posted: May 5, 2016, 11:28 am - IP Logged

                2 BILLION Dallas here we come!

                "Understand... people are more complicated than the masks they wear in society... everyone is playing to win, and some people will use moral justifications to advance their side"

                                                                                                                                                                          Robert Greene

                  golfer1960's avatar - Lottery-003.jpg
                  Eatontown, NJ
                  United States
                  Member #119670
                  November 29, 2011
                  740 Posts
                  Offline
                  Posted: May 5, 2016, 11:30 am - IP Logged

                  alpharetta, ga

                  alpharetta, ga

                  alpharetta, ga

                  alpharetta, ga

                  Well, I'm off to Atlanta, G.A. and I might stop in DC on the way! Chillin on the East Coast for just a little while!

                  Come on Powerball!!

                    Avatar

                    United States
                    Member #149820
                    December 9, 2013
                    644 Posts
                    Offline
                    Posted: May 5, 2016, 11:52 am - IP Logged

                    Wonder how big it'll get this time...Lol I'll take the 1 million dollars prize myself but I wouldn't sneeze at that 415 either 

                      golfer1960's avatar - Lottery-003.jpg
                      Eatontown, NJ
                      United States
                      Member #119670
                      November 29, 2011
                      740 Posts
                      Offline
                      Posted: May 5, 2016, 12:21 pm - IP Logged

                      Wonder how big it'll get this time...Lol I'll take the 1 million dollars prize myself but I wouldn't sneeze at that 415 either 

                      Shelby, i want the $415M but will not sneeze at the $1M. Smile

                        spartan1707's avatar - Lottery-050.jpg
                        Tucson
                        United States
                        Member #119762
                        December 2, 2011
                        81 Posts
                        Offline
                        Posted: May 5, 2016, 12:24 pm - IP Logged

                        Nice......for sale?

                          Candy-Lane's avatar - yocco

                          United States
                          Member #167255
                          July 2, 2015
                          102 Posts
                          Offline
                          Posted: May 5, 2016, 12:26 pm - IP Logged

                          Excuse me, Todd.

                          I went to rate this article 5 Stars however, my hand slipped and it clicked on 4 stars. Your articles are always 5 Stars!  And no, I'm not sucking up. It just so happens that I find your articles to be consistently, well written!

                            Todd's avatar - Cylon 2.gif
                            Chief Bottle Washer
                            New Jersey
                            United States
                            Member #1
                            May 31, 2000
                            23267 Posts
                            Offline
                            Posted: May 5, 2016, 12:46 pm - IP Logged

                            Excuse me, Todd.

                            I went to rate this article 5 Stars however, my hand slipped and it clicked on 4 stars. Your articles are always 5 Stars!  And no, I'm not sucking up. It just so happens that I find your articles to be consistently, well written!

                            No problem, thanks for the nice compliment!

                             

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